Move-Up Buyers

A Housing Bubble? Industry Experts Say NO!

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing /

\"AWith residential home prices continuing to appreciate at levels above historic norms, some are questioning if we are heading toward another housing bubble (and subsequent burst) like the one we experienced in 2006-2008. Recently, five housing experts weighed in on the question. Rick Sharga, Executive VP at Ten-X: “We’re definitely not in a bubble.” “We […]

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5 Reasons Homeownership Makes ‘Cents’

First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Rent vs. Buy /

\"5The American Dream of homeownership is alive and well. Recent reports show that the US homeownership rate has rebounded from recent lows and is headed in the right direction. The personal reasons to own differ for each buyer, but there are many basic similarities. Today we want to talk about the top 5 financial reasons […]

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Multigenerational Households May Be the Answer to Price Increases

For Buyers, For Sellers, Move-Up Buyers, Pricing /

\"MultigenerationalMultigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to an article by Realtor.com/, “Nearly 1 in 5 Americans is now living in a multigenerational household – a household with two or more adult generations, or […]

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Low Inventory Causes Home Prices to Maintain Fast Growth

First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Pricing /

\"LowThe National Association of Realtors (NAR) released their latest Quarterly Metro Home Price Report last week. The report revealed that severely lacking inventory across the country drained sales growth and kept home prices rising at a steady clip in nearly all metro areas. Home prices rose 5.3% over the last quarter across all metros. Lawrence Yun, Chief Economist at […]

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Why Sell Now Instead of Later? The Buyers are Out Now

For Sellers, Housing Market Updates, Move-Up Buyers /

\"WhyEach year, most homeowners wait until the spring to sell their houses because they believe that they can get a better deal during the normal spring buyer’s market. However, recently released data suggests that a seller’s best deal may be available right now. The concept of ‘supply & demand’ reveals that the best price for […]

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Don’t Let Fear Stop You from Applying for a Mortgage

First Time Home Buyers, For Buyers, Move-Up Buyers /

\"Don\'tA considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainty about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be scary, but it doesn’t have to be! In order to qualify in today’s market, you’ll […]

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Renting or Buying…Either Way, You’re Paying Someone’s Mortgage

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Rent vs. Buy /

\"RentingThere are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained in their article, “12 Practical […]

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